Cheng Wang

JPMorgan Asset Management (China) Co., Ltd. (JPMAM China) is a fund management firm headquartered in Shanghai, China. The firm was founded as China International Fund Management Co., Ltd. in 2004 through a joint venture between Shanghai International Trust Co., Ltd. and JPMorgan Asset Management (UK) Ltd. In 2023, they became a subsidiary of JPMorgan Asset Management (UK) Ltd., which is ultimately owned by JPMorgan Chase & Co. (NYSE: JPM) in the US. JPMAM China provides investment advisory and mutual fund management services to Chinese individual and retail investors as well as international institutions.

SYWG BNP Paribas Asset Management Co., Ltd. (SYWG-BNPP) is an investment management firm established in 2004 as a joint venture between Shenyin & Wanguo Securities Co., Ltd. and BNP Paribas Asset Management SAS. In 2010 BNPP transferred their 33% stake to Mitsubishi UFJ Trust and Banking Corp. (TSE: 8306). Shenyin & Wanguo Securities, which has an extensive network of branches throughout China, remains the majority shareholder. SYWG-BNPP is located in Shanghai. Their clients are domestic retail investors as well as institutions. The firm manages mutual funds and structured products.